Bitcoin mining hash-rate has now recovered by 54% from the 2021 lows.

Approximately half of the mining network went offline in May, as the full impact of the Great Mining Migration was felt.

This recovery suggests that around a quarter of the peak hash-rate remains offline.

Basically hash rate signifies a healthy network. The higher the hash rate, the more computing power there is securing the network. Decreased hash rate indicates a weakening network, therefore a subsequent lack in price confidence.

LRC 1D

Expecting some action on LRC.

ICXBTC 1D

Will add ICX to long on a retest.

FLOWBTC 1D

Want to reach the lvls to fill a bag.

DODOBTC 1D

Eventual breakout coming.

COTI 12H UPDATE

COTI gained +67% profit currently.

MTV 6H

Waiting for bullish continuation on MTV.

Bitcoin miners have been in accumulation mode over the last 6 months, with the unspent supply climbing by 13,000 BTC since January.

After a small spend of ~1,360 BTC in late August, it appears miner balances are increasing once again.

CROBTC 2D

CRO will pump if breaks horizontal resistance of the cup and handle formation.

LCX 1D UPDATE

LCX has reached first target, +104% profit gained so far.

ICP 4H

ICP looking good for a continuation ascending triangle here.

ATA 6H

Looking for a leg up on ATA.

EOSBTC 3D

Reliably bullish pattern on EOS.

NANOBTC 3D

Placing orders for NANO.

ONEBTC 1D

Will add ONE to long on a retest.

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LINK 12H

LINK might have a good bounce off of the descending triangle support.

INJ 12H

There's a possibility the chart bounces back from here.

Bitcoin Thermocap is calculated as the cumulative sum of USD block rewards paid to miners.

It reflects the aggregate 'cost of production' for all circulating BTC.

The Thermocap just passed $30.3B

At a market cap of $900B, Bitcoin is worth 29.7x more that its total input costs.

FTTBTC 12H

A correction into the red - will be looking to load FTT.

FTM 4H

Building a spot position and letting it sit.